Roth TSP accounts are “post-tax,” meaning that you pay income taxes on the money in the year that you earn it. It grows over time, tax-free, and there are no taxes on distributions provided you follow ...

Once when I asked a young friend who had just started her first job after college graduation why she decided not to contribute to her company’s 401(k) plan, she told me that she didn’t think she was ...

Starting January 1, 2026, Federal employees and retirees will be able to convert money from their traditional Thrift Savings Plan accounts to a Roth TSP account. Federal employees can make their ...

For government employees who are at or near retirement, the decision to keep assets in the Thrift Savings Plan versus rolling them into an IRA is not necessarily an easy one to make. The most common ...

The US federal government’s Thrift Savings Plan ended April 2024 with $872 billion in assets serving more than 7 million participants—or one in every 25 workers in the United States. Our series of ...

A thrift savings plan (TSP) hardship withdrawal allows federal employees and members of the uniformed services to access their retirement funds in times of severe financial need. To qualify, ...